Where News Meets Analysis

Day: June 11, 2012

The Sensex 30 and the Nifty 50 erased their gains on news by Standard & Poor of India being the first of the BRIC nations to lose its investment grade credit rating. The Sensex 30 closed at 16668.01 points, down… Read More ›

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S&P stated that India could become amongst the first countries to lose its investment grade credit rating among the BRIC (Brazil, Russia, India and China) countries. The news led to a decline in the index, both Sensex and the Nifty…. Read More ›

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Pranab Mukherjee made a certain comments regarding India’s growth outlook: FY11-12 GDP data at 6.5 percent was not satrisfactory Assumes 7 percent GDP growth in FY13. Expects turnaround in the markets and growth to pick up. The government will take… Read More ›

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According to China’s Commerce Minister Cheng Deming, it faces a a trade outlook that appears ‘grim’ and that the country would struggle to achieve its target of a growth of 10 percent in exports and imports in 2012. (CNBC)

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GLOBAL According to research firm Dealogic, global merger and acquisition (M&A) activity over the world touched USD 1 t in May 2012 while the same amount was achieved a month earlier in 2011. Moderate activity has been witnessed on account… Read More ›

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